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**  KING III REPORT  ** 

Section 1 now updated to cover King III Report 

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 Welcome to

 

The RemCom Subscription Library

The Remuneration of Senior Executives

 

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♦  A note to first-time users:   ♦

 

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♦   About the Library  ♦

 

The library is an important reference work relating to Nominations or Remunerations committees, and is designed to be of service to those who:

♦ - serve on a nominations or remuneration committee of a corporate or government entity,

 

♦ - are responsible for coordinating the activities of such a committee (whether as chief executive officer, HR executive or company secretary), or

 

♦ - provide advice to any such committee.

The library specifically offers access to -

♦   information on corporate governance issues and best practices affecting the remuneration of senior executives, including material on -

 

     o    the functions and functioning of remuneration committees;

     o    the development and application of the remuneration framework for senior executive pay;

     o    incentive schemes, share schemes and retention strategy

♦    regularly updated directors' remuneration look-up tables based on the regressed disclosed remuneration data of the approximately 800 executive directors serving on JSE-listed companies, compiled by business sector and market capitalisation size; as well as their exposure to share option schemes;

♦    regularly updated statistics on non-executive directors fees for services as director;

 

♦    the results of annual special surveys of:

 

      o     share option scheme grant policy; and 

      o    non-executive directors'  time commitment to board and sub-committee work.